Compucom Software Limited — Others, 25-03-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Compucom Software Limited has announced a board meeting to address the receipt of a Notice of Demand from the Income Tax Department amounting to Rs. 10.89 Cr. for the assessment year 2017-18. The company contests the demand, believing it to be unmaintainable based on legal advice and previous favorable precedents. Management expresses confidence that this matter will not significantly impact financial health and is preparing to appeal the demand. This development may stir investor sentiment, but the company's proactive approach offers a potential positive outlook amidst the legal challenge.